OpenAI is in the process of transitioning from a nonprofit business to a for-profit one—and Sam Altman, the company’s CEO and one of its eight original founders, might end up getting a huge payday as a result.
Sources told Bloomberg that OpenAI could grant Altman a 7% equity stake in the company, which could potentially lead to a $10 billion infusion of wealth for the 39-year-old CEO. Altman’s net worth is currently somewhere in the ballpark between $1 and $2 billion, based on the latest calculations by Forbes and the Bloomberg Billionaires Index, which do not factor in his work with OpenAI.
